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Jul 3, 2011
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if you look at the number of north africans in france, spain, and so on. certainly, increasing the strength of the euro- mediterranean partnership with regards to policy, human rights, rule of law, these types of issues would be better for both europe and north africa. europe has an interest in the fate of what happens in libya, tunisia, and someone because the rising economies in those countries, policies that respect human rights means less pressure on the populations to seek better lives and opportunities elsewhere which means migration to italy, france, spain, and so on. host: last call from santa maria, california. caller: we know who the american rebels were. i wish you to give me a name or two of these rebels that we are spending billions to support so we can back their statements and find out how many times have called for the destruction of israel or the united states. that is all i need. host: final thoughts on israel. guest: i think he is speaking about the libyan transitional council in benghazi. they have come to united states and europe and m
if you look at the number of north africans in france, spain, and so on. certainly, increasing the strength of the euro- mediterranean partnership with regards to policy, human rights, rule of law, these types of issues would be better for both europe and north africa. europe has an interest in the fate of what happens in libya, tunisia, and someone because the rising economies in those countries, policies that respect human rights means less pressure on the populations to seek better lives and...
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Jul 22, 2011
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spain to us kwla that is about. guest: after the election when we got shalacked, we needed 25 seats to retake the majority. the branding is already stale. we have that election in new york. it is no longer the drive for 25, it is 24. that's the number of seats we need to retake the majority in the house of representatives, protect medicare, protect social security, make sure kids can afford to go to college. make sure there are enough cops on the street. protect homeland security. it will take 24 seats for us to do that. host: the people suggesting your job is tough all year. you are defending a smaller number of seats in play. guest: i will suggest to you this is not an easy job. i will say the data counters, the pundwits, have said the hurt l is the republican. they have to curtain -- they have to appeal to those incumbents. they grabbed the loudest fulcrom they could and said with all those governors they would pick up scores of seats, dozens of seats. it turns out it is fwg to be a wash. you don't have to take m
spain to us kwla that is about. guest: after the election when we got shalacked, we needed 25 seats to retake the majority. the branding is already stale. we have that election in new york. it is no longer the drive for 25, it is 24. that's the number of seats we need to retake the majority in the house of representatives, protect medicare, protect social security, make sure kids can afford to go to college. make sure there are enough cops on the street. protect homeland security. it will take...
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Jul 19, 2011
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where they want all the perks they can possibly get as long as they can, like greece and france and spain. do we want a crippled country unable to perform as to what we have seen in the past? instead of $200 billion in interest payments, that would go up to three times that. i remember when interest rates were beyond 12% or 15% and how in the world could we pay for the interest rates there? our standard of living would go down and we would not have a secure feeling that i would like to have. so that is my comment. host: let's look at another store in politics right now. representative waters seeks dismissal of conflict charges in the house. the former staff director of the house ethics committee accused the bill a top committee lawyers last year secretly communicating with republicans on a panel of regarding investigations into democratic representative waters and charles rangel, raising concerns on whether the long ranging inquiries were compromised by key staff members, according to internal committee documents obtained. is a balanced budget amendment necessary? joseph, from houston tx
where they want all the perks they can possibly get as long as they can, like greece and france and spain. do we want a crippled country unable to perform as to what we have seen in the past? instead of $200 billion in interest payments, that would go up to three times that. i remember when interest rates were beyond 12% or 15% and how in the world could we pay for the interest rates there? our standard of living would go down and we would not have a secure feeling that i would like to have. so...
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Jul 11, 2011
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futures are down amid fears about the global economy that concerns have spread beyond greece to italy and spain. the u.s. might fail to pay its debts to the first time in history of the republicans and democrats cannot agree to a deal by august 2. those are some of the latest headlines on c-span radio. >> i think by any measure is an effective the competitive industry. >> we think there are too many structural barriers. >> tonight, the wireless association discuss a new sec report on the choices consumers are making on the wireless for -- a new fcc report on the taurus is consumers are making on the wireless internet. >> this is the mark -- largest not collection in the world. -- largest map collection in the world. >> we have over 8500 cases. >> the george washington papers have about 65,000 items. the thomas jefferson papers had about 27,000 items. >> c-span takes you behind the scenes of the like -- largest library in the world, the library of congress. >> "washington journal" continues. host: over these past three days, "washington journal" along with the hill newspaper have been examining
futures are down amid fears about the global economy that concerns have spread beyond greece to italy and spain. the u.s. might fail to pay its debts to the first time in history of the republicans and democrats cannot agree to a deal by august 2. those are some of the latest headlines on c-span radio. >> i think by any measure is an effective the competitive industry. >> we think there are too many structural barriers. >> tonight, the wireless association discuss a new sec...
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Jul 28, 2011
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you an idea of some of the aa-rate countrie -- aa-rated countries, abu dhabi, chile, czech republic, spain, belgium. that is to give you an idea of some of these countries. saudi arabia, aa-minus as well. jamie in bethesda, maryland. caller: i want to ask a question caller: i want to ask a question about quantifying the impact on american debt, basically how a downgrade would impact the debt on the long-term. if you could answer that, there would be great. i think you said you cannot do that speculation. it seems like a lot of the callers are applying something, and this sort of relates to hedge fund companies. is there any benefit in an individual who owns treasuries or bonds in an entity to intentionally drive down the credit rating on the entity so they could benefit from the effects? could you speak about that a little bit? is it possible that there might be some sort of conspiracy? that seems to be what a lot of people are implying. guest: i am not familiar with those conspiracy theories. i think this is a huge market. if any single hedge fund or other groups manipulate this, and with
you an idea of some of the aa-rate countrie -- aa-rated countries, abu dhabi, chile, czech republic, spain, belgium. that is to give you an idea of some of these countries. saudi arabia, aa-minus as well. jamie in bethesda, maryland. caller: i want to ask a question caller: i want to ask a question about quantifying the impact on american debt, basically how a downgrade would impact the debt on the long-term. if you could answer that, there would be great. i think you said you cannot do that...
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Jul 12, 2011
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in both italy and spain, the market reactions to that. when you see investors start to react to the debt talks here if no deal is reached and they get closer and closer to august 2? guest: it is unclear because we have not been through this. but i applaud both sides of the republican leadership in the house and senate leadership, as well as the white house, to understand that this is something that needs to be negotiated earlier rather than later. as most things that happen in washington, it takes until the last moment to actually get a deal, whether we had that on the budget or the continuing resolution end funding. the one thing important is that the markets believe that there will be a deal. today to have seen mostly markets that have reacted with some interest but not a great deal of interest. there is a long lead time between now and august 2. i was going to say, but at the markets -- if we started to move the -- into the last week in july and there's still this back and forth and posturing between leaders of on capitol hill, and the
in both italy and spain, the market reactions to that. when you see investors start to react to the debt talks here if no deal is reached and they get closer and closer to august 2? guest: it is unclear because we have not been through this. but i applaud both sides of the republican leadership in the house and senate leadership, as well as the white house, to understand that this is something that needs to be negotiated earlier rather than later. as most things that happen in washington, it...
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pennsylvania students perform on par with students from spain and latvia and russia." how do international students fare with history? guest: the united states history tests we do or not replicated at the international level, but we are interested in learning more about how states are doing. in 2011, we completed an assessment of reading, math and science, and we will be linking that to the international assessment. we should have some very specific information about how it relates to that particular assessment. host: it means what? guest: national assessment of educational progress. host: a teacher in maryland. caller: thank you for taking my call. i taught history at a college and university level from 1959 to 1975. over that time, i found that those who set the curriculum, especially in the public school system, devalued history because of turf wars, probably. my grandson, who is going to college year, wanted to at -- who is going to college next year, wanted to major in history, but he also said that included psychology and sociology and political science. the coun
pennsylvania students perform on par with students from spain and latvia and russia." how do international students fare with history? guest: the united states history tests we do or not replicated at the international level, but we are interested in learning more about how states are doing. in 2011, we completed an assessment of reading, math and science, and we will be linking that to the international assessment. we should have some very specific information about how it relates to that...
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Jul 25, 2011
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he mentioned the ambassador trying to buy it from spain which turned out didn't work out. but there was a movement, a secret plan what they discussed in the newspapers to raise a private army and invade cuba and in sleaved those who were colored either black or mixed blood and offer cuba to the united states. this wasn't the plan of a kook, this was being organized by the governor of mississippi, and was less secret than the bay of pigs. when you are seeing our news clippings from before the effort was launched. the one on the tops as the general's contemplated descend on cuba. i love on the bottom right it says the movement further preparations for the invasion of cuba. it was widely discussed in the papers but a delegate because officially the government didn't know about it or shouldn't have to stop it. right before wittman launched his invasion, president franklin pierce told him don't do it because the acted just been passed and it was an uproar he feared the added uproar would bring to read this a taken together bad dream the number one, to come and recreated this ni
he mentioned the ambassador trying to buy it from spain which turned out didn't work out. but there was a movement, a secret plan what they discussed in the newspapers to raise a private army and invade cuba and in sleaved those who were colored either black or mixed blood and offer cuba to the united states. this wasn't the plan of a kook, this was being organized by the governor of mississippi, and was less secret than the bay of pigs. when you are seeing our news clippings from before the...
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Jul 9, 2011
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spain does. greece does. china does, japan and england. they all have unique histories. but every -- so many countries -- the 19th century german nationalists, they talked about a germany that would merge. it would revive. it would lead all of humanity to a new epic. you know, there is always a stream that your country is unique and will uplift and lead humanity to a nice life. it's a nice sentiment. you talk about a whole another russia. jefferson had it about america. i think we should be more modest in our -- in our agendas. and we should really respect other countries and be not so quick to use force and violence to solve things. i think that force and violence is not a mistaken policy. i think it's a correct policy given the interests that george bush represents. he now has control of the second largest oil reserve in the world, 113 billion gallons of very good quality crude. and halliburton is taking it over. and fixing up the oil wells. and the iraqis are very irritated in saying you're supposed to be helping us and this and that. bush isn't there to help the iraq
spain does. greece does. china does, japan and england. they all have unique histories. but every -- so many countries -- the 19th century german nationalists, they talked about a germany that would merge. it would revive. it would lead all of humanity to a new epic. you know, there is always a stream that your country is unique and will uplift and lead humanity to a nice life. it's a nice sentiment. you talk about a whole another russia. jefferson had it about america. i think we should be...
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Jul 23, 2011
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at that point in time the mississippi river was controlled by spain. and now what is tennessee, they proclaim themselves a state without congress approval called franklin and they talked about proclaiming themselves the republic called franklin and opening negotiations with spain for navigation along the mississippi river. so congress had to get its act in gear pronto, and they also wanted to, to, the issue would be in terms of spain and things like that, who would control the river? the biggest provision -- i guess the first question i want to point out is when the congress began to tinker with the founding fathers vision? we hear a lot today about tinkering of the founding fathers vision. it began in 18 days after jefferson handed in his report. they started to tinker with it, but the biggest change came three years later when congress passed the northwest ordinance. that divided the area in light green, which is called the northwest territory. in his period of time they also started creating and laying out what became the future boundaries for kentu
at that point in time the mississippi river was controlled by spain. and now what is tennessee, they proclaim themselves a state without congress approval called franklin and they talked about proclaiming themselves the republic called franklin and opening negotiations with spain for navigation along the mississippi river. so congress had to get its act in gear pronto, and they also wanted to, to, the issue would be in terms of spain and things like that, who would control the river? the...
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Jul 2, 2011
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and he found it under way when he returned from spain as a journalist in 1938. and of course the story goes that he was very upset that pauline had spent so much money on the pool and, in fact, said to her that you have spent all the money, you might as well take our last cent and actually gave her a penny which we have actually preserved to this day in the patio right out in front of the writing studio. >> you know, another landmark here, we talked about the cats with our guest, but right over my shoulder here, i think, is a favorite drinking fountain of the cats. can you tell me about that? >> sure. we know that ernest got the big olive jar in cuba and had it sent over here so that she could use it as a lawn decoration. but the true center piece is the old urinal from sloppy joe's underneath. that is certainly an interesting feature for all of the guests when they come here to see the cats drinking out of the urinal from sloppy joe's bar. >> how did he get it? >> it's a little difficult to say exactly. we know that joe russell is a great friend of ernest and h
and he found it under way when he returned from spain as a journalist in 1938. and of course the story goes that he was very upset that pauline had spent so much money on the pool and, in fact, said to her that you have spent all the money, you might as well take our last cent and actually gave her a penny which we have actually preserved to this day in the patio right out in front of the writing studio. >> you know, another landmark here, we talked about the cats with our guest, but...
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Jul 3, 2011
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in "the sun also rises," it's set in paris and at the bullfights in spain. "farewell to arms" in italy. "to have and have not" is cuba. journalism from all over the world. i think it's a real lesson for us today. americans tend to be very insular, very cut-off people and maybe's hemmingway's choosing that line from john dunn from for whom the bell tolls, says it all. whereever there was strife or war going on, a revolution, he was interested. he thought we should be there and he thought it was the job of a writer to bear witness to th that. and he also took his readers along on some wonderful adventures. not just the war, but big game hunting in africa, bullfighting in spain, deep sea fishing. lots of excitement in his work. >> next phone call is from connecticut. >> caller: yes, i have a letter that was sent to hemmingway in 1934 by the editor of malcolm cowley of the new republic. i was wondering what kind of a relationship they had? >> they had a really interesting relationship and that letter could be a real treasure. malcolm calley was one of the most i
in "the sun also rises," it's set in paris and at the bullfights in spain. "farewell to arms" in italy. "to have and have not" is cuba. journalism from all over the world. i think it's a real lesson for us today. americans tend to be very insular, very cut-off people and maybe's hemmingway's choosing that line from john dunn from for whom the bell tolls, says it all. whereever there was strife or war going on, a revolution, he was interested. he thought we should...
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Jul 3, 2011
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as tocqueville said, it didn't happen in spain or russia where the czar basically recruited the entire nobility into his own military organization. it did happen in england for a very peculiar reasons. for parliament for a variety of reasons had a lot of solidarity. they hung together, they raised an army. they fought a civil war, defeated him, cut off his head. this was carl the 1st in the 1640s and then in 1688, they deposed another king james ii and brought in william to be their you know monoarch. because they didn't want to be taxed without parliamentary consent. it just happens in the one island nation, you get the powerful parliament that's able to force a institutional settlement on the english monoarch from there to the english is a short distance. john locke was a participant, he wrote the second treaty on government, that has to come out of consent, and then you get to the american revolution which is based on the principal, no taxation without representation. the distance from the english events and our own founding as a country based on democratic consent is not a long dis
as tocqueville said, it didn't happen in spain or russia where the czar basically recruited the entire nobility into his own military organization. it did happen in england for a very peculiar reasons. for parliament for a variety of reasons had a lot of solidarity. they hung together, they raised an army. they fought a civil war, defeated him, cut off his head. this was carl the 1st in the 1640s and then in 1688, they deposed another king james ii and brought in william to be their you know...
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Jul 24, 2011
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some countries in western europe, mainly spain and some countries in latin america, mainly chile, and with cuba we have always the longstanding and often conflicting relationship, cano also. but 75% of any mexican foreign minister signed who's devoted to the u.s. and i've tried to devote as much time as i could to immigration because i fought and continue to think this is mexico's single most important issue with u.s. but by the way i think that it's also the united states single most important issue with mexico. there are even or 12 million mexican citizens residing in the u.s. quote there are more than 30 million mexicans in the u.s., there are important states in the u.s. by california, texas, arizona, nevada, illinois where mexicans make up a very significant part of the electorate or the population at large. it is a central issue and it's a reason that has to be addressed that nobody wants to address forthrightly. >> how should it be addressed? >> it should be addressed the way that we sit back and 2001 and 2002 with my good friend former secretary steve colin powell away preside
some countries in western europe, mainly spain and some countries in latin america, mainly chile, and with cuba we have always the longstanding and often conflicting relationship, cano also. but 75% of any mexican foreign minister signed who's devoted to the u.s. and i've tried to devote as much time as i could to immigration because i fought and continue to think this is mexico's single most important issue with u.s. but by the way i think that it's also the united states single most important...
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Jul 10, 2011
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because there's no way for any decision made in spain to be implemented in new spain and conversely there was -- they didn't want to be totally independent with a marquee. so they found this deal. you can send all sorts of instructions from madrid and we will make believe that we respect them and stuff, but we won't pay attention to them but we won't say that we aren't going to pay attention to them. i seek that started the process which has led to an incredible this respect ever since mexico. and we have compounded that with the invented laws and since people are not stupid, if you try to impose the laws on them they would find intelligent ways to get around those stupid laws. they will not abide by obviously stupid laws. to that on this very mexican notion that i will only respect the laws that are just to be the [speaking spanish] which is the most and rule of law attitude you can have. in mexico, we have more of the people saying [speaking spanish] , so you put all this together and you have an unmanageable justice system which is what the movie shows and the movie is extraordinary bu
because there's no way for any decision made in spain to be implemented in new spain and conversely there was -- they didn't want to be totally independent with a marquee. so they found this deal. you can send all sorts of instructions from madrid and we will make believe that we respect them and stuff, but we won't pay attention to them but we won't say that we aren't going to pay attention to them. i seek that started the process which has led to an incredible this respect ever since mexico....
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Jul 18, 2011
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they had written on the north, canada, and spain was still on the south. so, everything was a little tricky. but they had the vision of the convention taking over the whole continent, and more than the continent. mexico, cuba. some of them jefferson fought cuba will naturally fall to less like ripe fruit. i don't know what he thought would happen to all the spanish. yes, sir. >> it never occurred to me that you mentioned the delay of american recognition of the soviet union. but since you did, i'm wondering is at this conventional wisdom a little bit mistaken? because i always thought of the attitude in berlin in 1933 with whom we did have relationships with hitler's germany, but she held the government of that period as a group of psychopaths and gangsters who came to power by illegitimate means. and so one could say the same about linen's seizure of power. so was this really backcourt on our part or was there some fundamental legitimacy of the communist regime from the start and not just some ideological n.v.? >> the fact we were the last trading said so
they had written on the north, canada, and spain was still on the south. so, everything was a little tricky. but they had the vision of the convention taking over the whole continent, and more than the continent. mexico, cuba. some of them jefferson fought cuba will naturally fall to less like ripe fruit. i don't know what he thought would happen to all the spanish. yes, sir. >> it never occurred to me that you mentioned the delay of american recognition of the soviet union. but since you...
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Jul 10, 2011
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if you go to old europe, let's say france or italy or spain, every 20 miles people speak a different dialect. but not in america, and that's due to noah webster. the boston has confederate spellers. so three years after jefferson davis says this, he becomes the president of the confederacy and the south is them trying to kill the north. but the southerners still want to learn english the noah webster way. and they have confederate spellers so the confederates, they couldn't do without noah webster and they printed spellers, change for the present condition. so the speller was a book for grade school students and had sampled census. and one seconds was the president's term is four years, and that's the sentence that was in the new england version but in the southern version, i looked at one from macon, georgia, and as the president term was six years. so change for the present condition. again, we have this one language. we still have a lot of problems with american unity today in 2011 just like we had in 1861, but webster, this was a singular achievement. his reputation starts to dwi
if you go to old europe, let's say france or italy or spain, every 20 miles people speak a different dialect. but not in america, and that's due to noah webster. the boston has confederate spellers. so three years after jefferson davis says this, he becomes the president of the confederacy and the south is them trying to kill the north. but the southerners still want to learn english the noah webster way. and they have confederate spellers so the confederates, they couldn't do without noah...
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Jul 3, 2011
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israel did not exist during this period, yet we saw spain, sicily, greece, the balkans, romania, conquered by islam us. we saw them drive into central france. we saw them get to the gates of vienna twice. this had nothing to do with israel, and nothing to do with jews. israel is the canary in a coal mine in this fight, the first line of defense for western civilization. >> host: its talk about the defense of western civilization, and you end your book this way and i want to end the interview this would. a lot of people read this and say what can i do? what can i do as a citizen? what can my government do? give us some suggestions as to if somebody to takes this book up and says oh, my god, what's my role in this? what is it? >> we were talking before the show. we talked about these issues a lot. it's always the question we get. i traveled the country giving speeches. number one, please i employer, get informed. you don't have to be an islam expert. by the book. but you don't have to be an islam expert. you don't have to be a political junkie. but daniel ipad, turn off again. 15, 20 minutes
israel did not exist during this period, yet we saw spain, sicily, greece, the balkans, romania, conquered by islam us. we saw them drive into central france. we saw them get to the gates of vienna twice. this had nothing to do with israel, and nothing to do with jews. israel is the canary in a coal mine in this fight, the first line of defense for western civilization. >> host: its talk about the defense of western civilization, and you end your book this way and i want to end the...
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Jul 10, 2011
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for the immediate future they still had problems because they had britain on their north, canada, and spain was still on the south. so everything was a little tricky. but they had the vision of eventually taking over the whole continent. and more than the continent. mexico, cuba. [laughter] some of them -- jefferson thought cuba would naturally fall to us like ripe fruit. [laughter] i don't know what he thought was going to happen with all those spaniards, spanish-speaking people there. yes, sir. >> um, it never occurred to me you'd mention the delay of american recognition of the soviet union. but since you did i'm wondering, isn't this conventional wisdom a little bit mistaken? because i always thought the attitude of ambassador dodd in bear eleven in 1933 -- berlin in many 1933 with whom we did have relations with hitler's germany, but he held the government of that period as a group of psychopaths and gangsters who came to power by illegitimate means. and so up with could really say the same about lenin's seizure of power. so was this really backward on our part, or was this some fundam
for the immediate future they still had problems because they had britain on their north, canada, and spain was still on the south. so everything was a little tricky. but they had the vision of eventually taking over the whole continent. and more than the continent. mexico, cuba. [laughter] some of them -- jefferson thought cuba would naturally fall to us like ripe fruit. [laughter] i don't know what he thought was going to happen with all those spaniards, spanish-speaking people there. yes,...
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they had written on their north, canada and spain was still on the south. so everything was a little tricky. but they had the vision of their convention taking over the whole continent and more than a continent. mexico, cuba. jefferson thought cuba would actually fall to us like -- i don't know what he thought was going to happen all of those spanish-speaking people then. yes, sir. >> it never occurred to me, you had mentioned the delay of the american recognition of the soviet union. but since you did, i am wondering, isn't this conventional wisdom a little bit messy again because i always thought the attitude of the ambassador job in berlin in 1933 with whom we did have relations with hitler's germany but buddy how the government of that period as a group of psychopaths and gangsters who came to power by illegitimate means. and one could really say the same about lennon's seizure of power. so was this really backward on our part or was this some fundamental illegitimacy of the communist regime from the start and not just some ideological and the? >> well,
they had written on their north, canada and spain was still on the south. so everything was a little tricky. but they had the vision of their convention taking over the whole continent and more than a continent. mexico, cuba. jefferson thought cuba would actually fall to us like -- i don't know what he thought was going to happen all of those spanish-speaking people then. yes, sir. >> it never occurred to me, you had mentioned the delay of the american recognition of the soviet union. but...
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. >> host:s, is it more important to have their tribal connection as opposed to white america and spain from scott landor norway? >> guest: i think so. is a country we belonged to a nation.now, and it is still there functioning. we have not left. we cannot. it is who we are. >> host: we have been email from texas, how hardt ti was it to be published for the first time? >> guest: i think i was the very fortunate the first time because i sent to some polemist to the green fieldd review and he also is a great writer and editor per crowhop he said you have any more and i said yes. he made them into a book. that little book which is now out of print, calling my cellphone p was my first publication. then i was also published in a magazine. it is almost a process that you a start with a small press or magazine then keep going and tell somebody recognizes your name because they have a seen it dean f. then a larger press is interested. >> host: with your first th novel what was the process of getting that published?foun >> guest: i found the publisher first and he found an agent for me. >> guest
. >> host:s, is it more important to have their tribal connection as opposed to white america and spain from scott landor norway? >> guest: i think so. is a country we belonged to a nation.now, and it is still there functioning. we have not left. we cannot. it is who we are. >> host: we have been email from texas, how hardt ti was it to be published for the first time? >> guest: i think i was the very fortunate the first time because i sent to some polemist to the green...
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Jul 12, 2011
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young people in particular are finding it increasingly difficult to find a job in spain. spain's unemployment rate for the under 25 tops 40%, the highest level in the european union. the rates in portugal and italy also lie well above the eu average of 21%. in germany, the rate for the same age group is just under 10%. during her visit to madrid in february, chancellor merkel specifically invited spanish specialists to come to germany, where the economy is facing a severe shortage of engineers and computer scientists. so it is not surprising that job applications are also coming in from other troubled eurozone countries like portugal. >> as leaders are stepping up efforts to curb the influence of the ratings agencies, bonds from some countries have taken yet another beating on monday. we got this summary of the day's trading summary. >> allianz and deutsche bank shares down here like a contagious disease, concerns are growing that more government bonds are european countries have to be devalued. the problem with countries like italy, for example, is that debt there is too
young people in particular are finding it increasingly difficult to find a job in spain. spain's unemployment rate for the under 25 tops 40%, the highest level in the european union. the rates in portugal and italy also lie well above the eu average of 21%. in germany, the rate for the same age group is just under 10%. during her visit to madrid in february, chancellor merkel specifically invited spanish specialists to come to germany, where the economy is facing a severe shortage of engineers...
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Jul 7, 2011
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so, the markets in spain and portugal went down and all of the european banking shares have been hit because of this downgrade. >> let's look at the closing numbers. thda down by 8 tenths of 1%. euro stoxx 50 ended the day at 2832. the dow has enjoyed a bit of a push. it finished up by nearly half of 1%. the currency markets, the euro is trading at $1.43. the new managing director of the international monetary fund, christine lagarde, says that's all the debt problem in both industrialized and developing nations will be one of her top priorities. she said that a fast-growing emerging markets needed to have a greater say in how the imf is run. >> christine lagarde had only one chance to make a good first impression in her first press conference as managing director. the next installment of bailout funding for greece was one of the top subjects. >> that there is an imf meeting which is scheduled for friday at which we shall consider the -- >> she supported the bailout for greece in her former role as french finance minister. now, as head of the imf, she must maintain a sense of neutral
so, the markets in spain and portugal went down and all of the european banking shares have been hit because of this downgrade. >> let's look at the closing numbers. thda down by 8 tenths of 1%. euro stoxx 50 ended the day at 2832. the dow has enjoyed a bit of a push. it finished up by nearly half of 1%. the currency markets, the euro is trading at $1.43. the new managing director of the international monetary fund, christine lagarde, says that's all the debt problem in both...
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Jul 16, 2011
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they include institutions in spain, greece, and austria. how significant are the results of the stress tests. we spoke to our correspondent. >> the european commission will be relieved that so many so-- so -- so few banks failed the capital requirements. the message from the european commission is that this is an early warning system, no need to panic. this is a warning to banks to get more capital injected so they can survive the long term. it is all about transparency. it is not about the imminent collapse of any bank. it is one part of the jigsaw in getting the year rose on and the european economy back on a good footing. the judgement is not bad. >> what does this mean to the bank? we put this to a financial expert in munich. >> for the banks, it means that the banks now passing the test are in danger if there were to be a financial crisis. they have to get more equity by shareholders or by the taxpayers. that would be a good result. or they have to be less risky. they can sell assets. there are some ways to get a better future. it has
they include institutions in spain, greece, and austria. how significant are the results of the stress tests. we spoke to our correspondent. >> the european commission will be relieved that so many so-- so -- so few banks failed the capital requirements. the message from the european commission is that this is an early warning system, no need to panic. this is a warning to banks to get more capital injected so they can survive the long term. it is all about transparency. it is not about...
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Jul 15, 2011
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samuel sanchez of spain comes out on top as the tour de france heads into the mountains. captioned by the national captioning institute --www.ncicap.org-- >> global financial tensions are deepening as u.s. talks on raising the debt ceiling and to their fifth agreement -- and -- their fifth day with no agreement in sight and the main creditor calls for a quick solution. >> the u.s. is running out of time. the u.s. needs to raise its 43 trillion dollar debt limit by august 2 to avoid default. >> they could drastically cut key benefits like pensions and health care. >> china has been calling for spending cuts as a way to protect its investment in u.s. treasury bonds. >> china would lose money if the u.s. credit rating is downgraded. they are the biggest u.s. creditor and hold more than $1 trillion in u.s. treasury bonds. china called on the u.s. to take steps to protect bondholders. the ongoing budget debate in the u.s. congress has prompted moody's to issue a second downgrade warning of america's aaa rating. federal reserve chairman ben bernanke is adding to the pressure on
samuel sanchez of spain comes out on top as the tour de france heads into the mountains. captioned by the national captioning institute --www.ncicap.org-- >> global financial tensions are deepening as u.s. talks on raising the debt ceiling and to their fifth agreement -- and -- their fifth day with no agreement in sight and the main creditor calls for a quick solution. >> the u.s. is running out of time. the u.s. needs to raise its 43 trillion dollar debt limit by august 2 to avoid...
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Jul 19, 2011
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the same thing goes for france and romania, but it is improving in spain, france, bulgaria, and italy. shoppers are more willing to spend in austria and gerthe gert letting the euro debt crisis put a damper on their consumption habits. they are spending more than any other consumers across the you, thanks to the economic upturn and lower jobless rates. >> that is your business update, and now, it is on to some high- level diplomacy. >> yes, the russian president dmitry medvedev is here in germany for talks with chancellor angela merkel. the meeting begins this evening with a working dinner. energy is expected to top the agenda. germany is the biggest buyer of russian gas. moscow is looking to sell more gas to german consumers after the nuclear phase-out. more cash for maintaining. the conservative party in bulgaria has suggested implementing tolls on the famous audubon. germany's location in central europe means that lots of people are using the audubon, and they are just through getting the trip for free. >> for many foreigners come a vacation in germany often begins in the audubon.
the same thing goes for france and romania, but it is improving in spain, france, bulgaria, and italy. shoppers are more willing to spend in austria and gerthe gert letting the euro debt crisis put a damper on their consumption habits. they are spending more than any other consumers across the you, thanks to the economic upturn and lower jobless rates. >> that is your business update, and now, it is on to some high- level diplomacy. >> yes, the russian president dmitry medvedev is...
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Jul 10, 2011
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and italy as we know is 50% more debt than spain, greece, portugal, ireland put together. it's too big to save. and that makes it very difficult, very important for the global economy. >> what unprecedented issues? carla, do you think all this is priced into the market? what kind of a market are you expecting for the rest of the year? do you think we take a downturn in stock prices if in fact europe continues to worsen, if in fact we get that guidance that sri is talking about that they're actually taking guidance down for the rest of the year. >> i think people will be cautious. i'm not sure they'll be as strident taking it down. but a note of caution for the second half of the year. there are still some things that are outstanding, if you will. as you know, my consistent refrain is that the market hates uncertainty and surprise. so i think that overall we'll have a positive market environment. but i do think it will be in a trading range as some of the uncertainties like the ones you articulated work themselves out. >> how do you invest? >> i think you want to be defensi
and italy as we know is 50% more debt than spain, greece, portugal, ireland put together. it's too big to save. and that makes it very difficult, very important for the global economy. >> what unprecedented issues? carla, do you think all this is priced into the market? what kind of a market are you expecting for the rest of the year? do you think we take a downturn in stock prices if in fact europe continues to worsen, if in fact we get that guidance that sri is talking about that...
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Jul 24, 2011
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textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> for more on our show and our guests, check out the website, wsjr.cnbc.com. and i hope you will follow me on twitter. find me at @maria bartiromo.com. >>> now a look at the markets that may impact your money this week. we will hear from bp, ford motor, chevron, merck, boeing, exxonmobil and amazon.com, among other companies. tuesday the s&p case-shiller home index will be out, giving us a window into housing, as is the report on the number of new homes sold last month. wednesday the federal reserve will release the monthly beige book, a survey of the country's regional economies. and friday the gross domestic product for 2011 second quarter. the
textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> for more on our show and our guests, check out the website,...
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Jul 24, 2011
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also today, pollution problems for spain. the summer series about villages and communities, starting in poland. and macedonia's ethnic-divided young that unite to protest police brutality. >>> britain's tabloid press is notoriously aggressive about -- but "news of the world" top them all. the paper, britain's oldest sunday, has been closed down, but every day brings news of arrests at high-level resignations, including senior police officers, and it is shaking rupert murdoch's empire. every time paul traveled to england, the memories at king's cross station come flooding back. six years ago, a terrorist attack killed 26 people there. the 7/7 suicide bombings claimed 56 lives, and paul was one of the first helpers' on the scene. when he used a mask to protect a young woman whose face was badly burned, his picture made it into all of the papers. he was bombarded with calls from tabloid journalists. >> asking if i had information, dierent pictures. this is somebody who is not pictured, behind a mask. there was an enormous media
also today, pollution problems for spain. the summer series about villages and communities, starting in poland. and macedonia's ethnic-divided young that unite to protest police brutality. >>> britain's tabloid press is notoriously aggressive about -- but "news of the world" top them all. the paper, britain's oldest sunday, has been closed down, but every day brings news of arrests at high-level resignations, including senior police officers, and it is shaking rupert...
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Jul 3, 2011
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. >> so far, latvia has been spared the kind of protests that hit greece and spain when they were hit by the cries. resistance is building among the young people. protesters demonstrate against corruption and for an egalitarian economy. >> one of the organizers said the government's spending cuts have traumatized our economy. we have to develop our business again with the european union and its funds. >> they are looking for a smoother ride ahead. not just when he is out and about on his harley. >> a greek politician told me recently she'll be happy when athens and the square is full of tourists against instead of protesters now that greece is ready to wear the straitjacket to help their economy. tourist numbers are rising as some look for barges on this island, souvenir sellers and restaurant owners are doing well. >> this island, the pace of life here is gentle and relaxed. even greece's economic crisis seems a distant rumor because here money is being made and balance sheets are in the black. there was a 25% revenue surge and they are expecting a rise of 25%. hotel owners are pleas
. >> so far, latvia has been spared the kind of protests that hit greece and spain when they were hit by the cries. resistance is building among the young people. protesters demonstrate against corruption and for an egalitarian economy. >> one of the organizers said the government's spending cuts have traumatized our economy. we have to develop our business again with the european union and its funds. >> they are looking for a smoother ride ahead. not just when he is out and...